When Warren Buffett took control of Berkshire Hathaway Inc. in 1965, it was a small textile company. Through a combination of value investing, exceptional management and savvy acquisitions, Buffett has transformed the firm into one of the most profitable, successful and highly-emulated corporations in American history. The Museum of American Finance and the New York Society of Security Analysts (NYSSA) is hosting a full-day symposium commemorating the 50th anniversary of Berkshire Hathaway.
Check out the sick line up at the NYSSA conference!
The media is not allowed in but some reliable friends of ours are tweeting the comments (we will have a formal post latter) This is REALLY good information, which all value investors should read so bookmark if you cannot read it right now. Enjoy!
This Tiger Cub Giant Is Betting On Banks And Tech Stocks In The Recovery
The first two months of the third quarter were the best months for D1 Capital Partners' public portfolio since inception, that's according to a copy of the firm's August update, which ValueWalk has been able to review. Q2 2020 hedge fund letters, conferences and more According to the update, D1's public portfolio returned 20.1% gross Read More
In meantime also check out Klarman Q3 2015 letter to investors
Lowenstein * Ackman * Klarman
Zweig * Lountzis * Russo * Tilson
Grant * Gayner * Phelan
We will have more formal notes later today so check back!
NYSSA conference Program Schedule
Doors open. Continental breakfast available.
Byron D. Trott, chairman and CEO of BDT & Company and source for several of Warren Buffett's important acquisitions, will be interviewed by Carol Loomis, long-time editor of Fortune magazine and editor of Warren Buffett's annual letter to shareholders.
Panel 1: Investors Inspired by Berkshire Hathaway
Roger Lowenstein (moderator), financial journalist and author of the best-selling Buffett: The Making of an American Capitalist and, among other works, the newly-published America's Bank: The Epic Struggle to Create the Federal Reserve
Bill Ackman, founder and CEO of Pershing Square Capital Management, L.P.
Seth A. Klarman, president and CEO of The Baupost Group, L.L.C.
Panel 2: Berkshire Hathaway Shareholders
Jason Zweig (moderator), Wall Street Journal columnist and editor of the revised edition of The Intelligent Investor
Paul Lountzis, president of Lountzis Asset Management LLC
Thomas Russo, partner at Gardner Russo & Gardner LLC
Whitney Tilson, founder and managing partner of Kase Capital Management LLC
11:30 am-12:15 pm
Panel 3: Value of Partnerships
Jim Grant (moderator), founder and publisher of Grant's Interest Rate Observer
Thomas Gayner, president and chief investment officer of Markel Corporation
John C. Phelan, managing partner of MSD Capital
Lawrence Cunningham, author of Berkshire Beyond Buffett, co-author of The Essays of Warren Buffett and the Henry St. George Tucker III Research Professor of Law at George Washington University
All guests will receive a complimentary copy of The Essays of Warren Buffett: Lessons for Corporate America, courtesy of the editor and publisher, Lawrence Cunningham.